So LR has given away close to 48% of the current share issue for £2m.............foooking shambles.........I wish now I had bailed at the 30p spike........us shareholders shafted again unfortunately.
see some blue...........as mentioned by another poster folks may be sitting up and taking an interest. I would rather be in at this level than scrambling to get in when news drops.
"Are we about to embark on the biggest week in EUZ \ FCR history"...................... very much doubt it after last weeks shenanigans and speeding ticket.
I am now of the opinion that the JSE goings on has been an elaborate P & D that the has been piggybacked onto here but thankfully not to the same extent. If any positive news had been leaked over in SA I doubt we would have seen the monumental drop to R3.8 from R82. Yes there would have been a spike and then a fall back but not to this extent...R8 to R82 to R9 to R3.8........something not right..............hope I am wrong but we will just need to wait and see what happens next week.
I really do not think it is as straight forward as that. Been here a long time and JSE has always been a higher sp than AIM. JSE has far far less shares available than AIM so maybe purely market economics ........supply and demand.
down to R20............feel for those caught out at top of the spike there yesterday......R8 to R82 ito R30 in one session...........a bit like MBO here the other week.
is approx 0.045 pence prior to consolidation . I am still targeting my 0.5p from calcs posted many moons ago which is now £2.50 post consolidation. This RNS may delay that a bit. Got excited yesterday when JSE hit £4.
Say $300 million CAPEX at a guess. That leaves $2 billion. Assume 95% knockdown to value. That leaves $100 million. Dollar to pound 0.8. 216 million shares. SP equivalent 37p. That would do me....:) ........and then there's the gold :)